Stock Social Trading

Social Trading is a form of investment that permits the investors to see or observe the behavioral trading pattern of their peers and expert traders and allow them to use or copy their trading strategies in which they can use Copy Trading or Mirror Trading patterns. Social trading requires very little knowledge about the financial markets and thus has been given the tag of an alternative to traditional wealth managers.

To learn social trading one should connect more and more to people who are in this particular field. They should keenly observe and learn the techniques, strategies, and patterns used by the experts and thus very neatly use them in the market. Social trading is beneficial in many ways as it Saves on Fees, Is the low cost to start, One can compare their performance and free flow of information is carried. Now there are many forex social trading platforms used nowadays, some of them are listed below:

  •       ZuluTrade
  •       Naga Trader
  •       FX Junction
  •       Darwine X
  •       Tradency Mirror Trader

Social Trading means to share trading ideas on a trading network with people. The benefits of social trading are quick access to reliable trading information, quick grasping of the trading market, earning and learning, build a trading community of investors. 

Some of the best social trading platforms in 2020 are:

  • eToro - Best for all traders.
  • CentoBot - Best for cryptocurrency traders.
  • Naga Trader - Best for global social networking.
  • Ava Trade - Best for multiple copy trading platforms.
  • Zulu Trade - Best for hosting the most advanced social trading features

Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist. Individuals and companies that market systems—like signal sellers or robot trading—sometimes sell products that are not tested and do not yield profitable results. So, Be careful of any offshore, unregulated broker.

Start My Trade

Start My Trade is the platform, that provides information about trading and the step-by-step procedure of how to start trading and become an expert. On this platform, we not only provide the procedure for the stock market or Forex but also of cryptocurrency, bitcoin, copy trading, CFD trading, and many more.